Ramzana Jabeen's Group


Status: Paid Back

$925.00   Loan Request
$925.00   Paid Back

About the Group

Group Name: Ramzana Jabeen's Group
Group Members: Shamim Akhter
Sughran Bibi
Sharifan Sadiq
Ramzana Jabeen
Location: Depalpur, Pakistan
Activity: Laundry

About the Loan

Loan Amount: $925.00
Loan Use: Expand laundry
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jan 4, 2008
Date Disbursed: Jan 18, 2008
Date Funded:Jan 4, 2008
Loan Ended:Feb 15, 2009

About the Country

Country:Pakistan
Avg Annual Income:$3,004.00
Currency:Pakistan Rupees (PKR)
Exchange Rate:61.8700 PKR = 1 USD



I am Ramzana Jabeen from a small town, Depalpur, Pakistan. I am married and a mother of five: three boys and two girls. We live in a two-room brick house. My elder kids are done with their studies while two still attend school. I stitch clothes for my neighborhood clients and my husband runs a laundry. He has been in this business for many years. Last year, we took a loan from Asasah, Pakistan and increased our profits. With the increased profits we bought a television for our house. Now, we require another loan to expand our business.

There are four members in my loan group. They are: Sharifan Sadiq, who needs a loan to buy wood for their wood selling business; Sughran Bibi, who plans to invest loan in her husband’s cloth business; Shamim Akhter, who requires loan for their auto workshop; Sughran and Shamim, both of whom stitch clothes for their neighborhood clients to support their families.



About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more


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Lenders to this group

jim

17 Grandchildren
Wynantskill, NY
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cullen
san francisco, CA
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Ian
Ottawa, Ontario
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Anonymous
Quakertown, PA
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Anonymous
Vienna, VA
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Anonymous
Washington, DC
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Anonymous

Saatchi & Saatchi LA
Torrance, CA
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neddotcom
worldwide, OR
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Syeda
Austin, TX
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Michele
Gatineau, Quebec
Canada

Sarah
Lymington, Hampshire
United Kingdom

Anonymous
Portland, OR
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Jean
Pointe Claire, Quebec
Canada

John and Karen
Temperance, MI
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Allyson
Minneapolis, MN
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kent
brooklyn, NY
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Marco
Plantation, FL
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Wendy
Oakland, CA
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Deborah
Los Angeles, CA
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Alice
San Francisco, CA
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Rudert Family
Miami, FL

Lani
Los Angeles, CA
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Uma
Chicago, IL
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Ralph
London, Ontario
Canada

James Riley, MD
Metairie, Louisiana
United States

Jamey
Louisville, CO
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Tanner
Buford, GA
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William
Mishawaka, IN
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Jean
Washington, DC
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Chuck
San Francisco, CA
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Margaret kivafriends.org
Fairfield County, Connecticut
United States



Journal entries for Ramzana Jabeen's Group


Loan has been disbursed
 
Entrepreneur: Ramzana Jabeen's Group
Location: Depalpur, Pakistan

Thank you for your loan. It has been disbursed to Ramzana Jabeen
Sharifan Sadiq
Sughran Bibi
Shamim Akhter by Asasah in Pakistan. We are excited to watch this business grow. Over the next 12 months, Asasah will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Depalpur, Pakistan
Jan 19, 2008
Comments (1)

Thanks for a loan
 
Entrepreneur: Ramzana Jabeen's Group
Location: Depalpur, Pakistan

Dear Lenders,

Greetings from Depalpur

I’m happy to report she is doing extremely well. With the loan she received for her husband’s laundry business, her husband expanded his business by buying supplies (washing powder, bleach and soaps). As a result his monthly profit rose to $112.

Her husband gifted her new sewing machine with the profit to give smoothness to her work.

Ramzana jabeen and her group are very grateful for the loan and are very thankful to everyone who has supported them.


Posted by Maryam Zafar from Depalpur, Pakistan
Aug 24, 2009
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Kiva Help Repayment Schedule for Ramzana Jabeen's Group

  Expected Repayments Actual Repayments Comments
April 2008 $77.08 $78.00 Repayment Received
May 2008 $77.08 $78.00 Repayment Received
June 2008 $77.08 $78.00 Repayment Received
July 2008 $77.08 $78.00 Repayment Received
August 2008 $77.08 $78.00 Repayment Received
September 2008 $77.08 $78.00 Repayment Received
October 2008 $77.08 $78.00 Repayment Received
November 2008 $77.08 $78.00 Repayment Received
December 2008 $77.08 $78.00 Repayment Received
January 2009 $77.08 $68.83 Repayment Received
February 2009 $77.08 $77.08 Repayment Received
March 2009 $77.12 $77.09 Repayment Received